January 2024 | Advance Accounting

January302024

Tips and tricks for property investment accounting

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Australia’s current property market presents both challenges and opportunities, with changing tenancy rules and rental controls, and the impact of interest rates and cost of living pressures. It’s a complex outlook, but property investment is a marathon swim, not a quick body surf to shore. Property investment accounting, or landlord accounting, manages your property portfolio… [Read the full article »]

January302024

Xero formalises commitment to military veterans by signing Armed Forces Covenant

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I’m proud to announce that Xero has signed the Armed Forces Covenant, formalising its commitment to supporting military veterans and their families in the workforce. The Armed Forces Covenant is a promise by the nation ensuring that those who serve or have served in the UK Armed Forces, and their families, are treated fairly. Xero’s… [Read the full article »]

January292024

We’re retiring the classic version of Xero invoicing

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We’ve had two versions of our invoicing feature for a while now — classic invoicing and new invoicing. The new version is built on the latest technology and features time-saving tools that make it easier to customise your invoices and simplify the way you get paid. Our teams have big plans to add even more… [Read the full article »]

January252024

Staying on top of GST due dates in 2024

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It can be tricky to keep tabs on the taxes and deductions you owe throughout the year as a small business. However, paying on time means getting peace of mind that you’re meeting your GST payment obligations as a business, and avoiding late penalties that cut into your earnings. If your business is registered for… [Read the full article »]

January232024

Xero briefs new business Ministers on growing small business productivity

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Xero provided a Briefing to Incoming Ministers (BIM) (Hon Nicola Willis, Hon Judith Collins, Hon Melissa Lee, Hon Andrew Bayly, and Hon David Seymour) in late 2023 which was focused on the challenges our small businesses face and the crucial role the government can play in driving solutions. Small businesses play a fundamental role in supporting… [Read the full article »]

January142024

Four trends that will shape AI in 2024 and beyond

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There is no shortage of hype surrounding artificial intelligence (AI). While the large language models that underpin these new generative AI tools have existed for a long time, AI as a technology has remained in the hands of engineers and scientists, peripheral to the public’s awareness. Over the past 12 months, however, we crossed an… [Read the full article »]

January92024

Meet our new US Xero Partner Advisory Council members

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We have the pleasure of welcoming six new members to our US Xero Partner Advisory Council (XPAC). The XPAC is made up of a diverse panel of accountants and bookkeepers who are thought leaders and pioneers in the profession, and eager to share their unique ways of thinking, case studies and past successes to inform… [Read the full article »]